Last 7 days
-6.2%
Last 30 days
-11.7%
Last 90 days
-15.6%
Trailing 12 Months
-19.6%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-06-13 | Capko Robert John | sold | -24,220 | 81.55 | -297 | pao/controller |
2023-06-01 | REINHARD WALTER G | sold | -45,964 | 79.8 | -576 | - |
2023-03-31 | Hanemann Kim C | acquired | 44,997 | 78.12 | 576 | - |
2023-03-31 | NOBLE ANN L. | acquired | 44,997 | 78.12 | 576 | - |
2023-03-31 | McKoy Vaughn L | acquired | 44,997 | 78.12 | 576 | - |
2023-03-31 | Cosgrove James F. Jr. | acquired | 44,997 | 78.12 | 576 | - |
2023-03-31 | REINHARD WALTER G | acquired | 44,997 | 78.12 | 576 | - |
2023-03-31 | Mansue Amy B. | acquired | 44,997 | 78.12 | 576 | - |
2023-03-31 | Klein Steven M | acquired | 44,997 | 78.12 | 576 | - |
2023-03-31 | Bershad Joshua | acquired | 44,997 | 78.12 | 576 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | 99.00 | 3,146 | -% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 107,439 | 107,439 | 0.01% |
2023-08-24 | Alberta Investment Management Corp | new | - | 214,394 | 214,394 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 14.03 | 127,697 | 847,953 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.61 | 9,550 | 1,724,750 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 5.73 | 39,000 | 460,000 | -% |
2023-08-16 | Nuveen Asset Management, LLC | added | 64.58 | 2,724,900 | 6,620,900 | -% |
2023-08-15 | ALLIANCEBERNSTEIN L.P. | reduced | -1.51 | 33,869 | 2,035,620 | -% |
2023-08-15 | GOLDMAN SACHS GROUP INC | reduced | -82.2 | -14,287,000 | 3,217,610 | -% |
2023-08-15 | Belpointe Asset Management LLC | sold off | -100 | -52,218 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | price t rowe associates inc /md/ | 0.1% | 10,529 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 8.07% | 1,424,068 | SC 13G/A | |
Jan 26, 2023 | blackrock inc. | 14.6% | 2,569,008 | SC 13G/A | |
Jan 20, 2023 | blackrock inc. | 14.6% | 2,569,008 | SC 13G/A | |
May 10, 2022 | state street corp | 10.24% | 1,798,210 | SC 13G | |
Feb 14, 2022 | price t rowe associates inc /md/ | 8.6% | 1,509,295 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 7.38% | 1,290,969 | SC 13G/A | |
Jan 27, 2022 | blackrock inc. | 15.7% | 2,746,370 | SC 13G/A | |
Jan 25, 2022 | blackrock inc. | 15.7% | 2,746,370 | SC 13G/A | |
Aug 09, 2021 | blackrock inc. | 16.8% | 2,940,288 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 01, 2023 | 8-K | Current Report | |
Jul 28, 2023 | 8-K | Current Report | |
Jul 28, 2023 | 10-Q | Quarterly Report | |
Jul 25, 2023 | 424B5 | Prospectus Filed | |
Jul 20, 2023 | 8-K | Current Report | |
Jun 15, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
NEE | 135.4B | 26.9B | 0.40% | -21.00% | 16.72 | 5.03 | 54.09% | 213.91% |
SO | 76.3B | 27.7B | 5.31% | -6.82% | 26.22 | 2.76 | 6.94% | 1.01% |
DUK | 72.0B | 29.0B | 5.29% | -8.82% | 53.79 | 2.48 | 9.50% | -63.85% |
AWK | 26.0B | 4.0B | -0.21% | -5.22% | 29.13 | 6.43 | 5.91% | -31.18% |
NI | 11.2B | 5.9B | 4.75% | -3.51% | 15.92 | 1.91 | 7.85% | -2.88% |
WTRG | 9.6B | 2.3B | 0.65% | -18.83% | 20.64 | 4.18 | 12.59% | 3.92% |
MID-CAP | ||||||||
PNW | 8.9B | 4.5B | 2.34% | 9.83% | 21.02 | 1.96 | 15.02% | -25.26% |
NRG | 8.7B | 30.4B | 5.48% | -8.42% | -4.25 | 0.29 | 5.56% | -159.74% |
AWR | 3.0B | 579.2M | -3.86% | -3.79% | 25.53 | 5.17 | 19.53% | 41.87% |
CWT | 2.8B | 792.4M | -4.49% | -15.83% | 44.61 | 3.53 | -2.08% | -27.40% |
SJW | 2.0B | 641.5M | -4.91% | -0.74% | 22.44 | 3.09 | 10.61% | 68.66% |
SMALL-CAP | ||||||||
GWRS | 239.8M | 49.1M | -6.91% | -17.18% | 35.71 | 4.88 | 13.05% | 38.74% |
PCYO | 229.2M | 22.1M | -16.72% | 6.62% | 24.87 | 10.38 | 84.27% | 56.82% |
CDZI | 217.1M | 2.1M | -7.12% | 22.83% | -6.97 | 100.98 | 251.88% | -23.96% |
MSEX | 1.2M | 167.5M | -11.66% | -19.59% | 0.03 | 0.01 | 11.84% | -6.17% |
15%
11.8%
8.5%
4.6%
31.5%
15.8%
0%
Y-axis is the maximum loss one would have experienced if Middlesex Water was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Thousands) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.9% | 167,512 | 164,394 | 162,434 | 157,636 | 149,778 | 146,796 | 143,141 | 143,742 | 143,788 | 142,364 | 141,592 | 139,704 | 137,553 | 135,669 | 134,598 | 135,128 | 136,072 | 137,598 | 138,077 | 136,265 | 133,726 |
Operating Expenses | 2.1% | 124,631 | 122,094 | 120,333 | 117,343 | 114,636 | 111,928 | 109,930 | 108,539 | 106,832 | 105,837 | 104,172 | 103,058 | 102,101 | 100,652 | 99,078 | 100,014 | 100,023 | 99,778 | 100,935 | 98,012 | 95,790 |
EBITDA | -100.0% | - | 75,984 | 82,511 | 80,392 | 73,980 | 72,837 | 65,968 | 62,462 | 63,741 | 63,462 | 62,637 | 61,254 | 58,642 | 56,710 | 55,244 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.46* | 0.51* | 0.51* | 0.49* | 0.50* | 0.46* | 0.43* | 0.44* | 0.45* | 0.44* | 0.44* | 0.43* | 0.42* | 0.41* | - | - | - | - | - | - |
Interest Expenses | 8.7% | 10,994 | 10,112 | 9,367 | 8,778 | 8,524 | 8,225 | 8,114 | 7,881 | 7,686 | 7,562 | 7,493 | 7,801 | 7,891 | 7,733 | 7,264 | 6,813 | 6,540 | 6,820 | 6,758 | 6,470 | 6,240 |
Earnings Before Taxes | -0.3% | 39,744 | 39,847 | 45,669 | 43,759 | 37,911 | 37,550 | 31,055 | 32,351 | 34,608 | 33,874 | 34,306 | 33,484 | 31,670 | 30,827 | 30,748 | 31,099 | 32,273 | 33,986 | 33,376 | 34,325 | 33,827 |
EBT Margin | -100.0% | - | 0.24* | 0.28* | 0.28* | 0.25* | 0.26* | 0.22* | 0.23* | 0.24* | 0.24* | 0.24* | 0.24* | 0.23* | 0.23* | 0.23* | - | - | - | - | - | - |
Net Income | 2.9% | 37,231 | 36,198 | 42,429 | 42,496 | 39,681 | 41,736 | 36,543 | 37,613 | 38,874 | 37,664 | 38,425 | 38,189 | 36,571 | 35,004 | 33,888 | 32,810 | 33,981 | 34,510 | 32,452 | 30,804 | 26,156 |
Net Income Margin | -100.0% | - | 0.22* | 0.26* | 0.27* | 0.26* | 0.28* | 0.26* | 0.26* | 0.27* | 0.26* | 0.27* | 0.27* | 0.27* | 0.26* | 0.25* | - | - | - | - | - | - |
Free Cashflow | 100.0% | - | -35,863 | -29,974 | -25,441 | -26,807 | -36,896 | -48,632 | -46,957 | -48,670 | -43,567 | -41,023 | -44,383 | -49,370 | -54,197 | -45,573 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 2.6% | 1,128 | 1,099 | 1,074 | 1,065 | 1,038 | 1,074 | 1,020 | 1,030 | 1,015 | 986 | 976 | 960 | 951 | 935 | 910 | 887 | 808 | 783 | 768 | 753 | 730 |
Current Assets | 2.7% | 41.00 | 40.00 | 37.00 | 41.00 | 39.00 | 33.00 | 34.00 | 41.00 | 37.00 | 31.00 | 34.00 | 38.00 | 44.00 | 40.00 | 29.00 | 35.00 | 32.00 | 30.00 | 31.00 | 35.00 | 31.00 |
Cash Equivalents | -10.0% | 4.00 | 5.00 | 4.00 | 3.00 | 4.00 | 3.00 | 4.00 | 5.00 | 6.00 | 4.00 | 10.00 | 28.00 | 42.00 | 53.00 | 46.00 | 57.00 | 4.00 | 7.00 | 6.00 | 4.00 | 3.00 |
Current Liabilities | -8.8% | 88.00 | 96.00 | 118 | 93.00 | 79.00 | 60.00 | 57.00 | 92.00 | 81.00 | 66.00 | 57.00 | 85.00 | 84.00 | 81.00 | 65.00 | 103 | 103 | 93.00 | 94.00 | 94.00 | 82.00 |
Long Term Debt | 6.0% | 367 | 346 | 306 | 307 | 311 | 311 | 306 | 270 | 277 | 277 | 277 | 238 | 242 | 238 | 234 | 232 | 174 | 168 | 163 | 151 | 151 |
LT Debt, Current | 0.1% | 17.00 | 17.00 | 17.00 | 8.00 | 8.00 | 7.00 | 17.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 |
LT Debt, Non Current | 6.3% | 350 | 330 | 290 | 301 | 305 | 307 | 290 | 266 | 273 | 273 | 273 | 234 | 238 | 235 | 231 | 228 | 164 | 158 | 153 | 141 | 142 |
Shareholder's Equity | 2.0% | 411 | 403 | 400 | - | 386 | 378 | 368 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Retained Earnings | 2.6% | 172 | 168 | 167 | 166 | 157 | 153 | 167 | 144 | 137 | 131 | 129 | 125 | 117 | 112 | 109 | 105 | 98.00 | 94.00 | 91.00 | 88.00 | 80.00 |
Shares Outstanding | - | 0.00 | - | - | 18.00 | 18.00 | 18.00 | - | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 16.00 | 16.00 | 16.00 | 16.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 0.7% | 64.00 | 63.00 | 61.00 | 59.00 | 45.00 | 38.00 | 33.00 | 35.00 | 47.00 | 47.00 | 53.00 | 50.00 | 45.00 | 45.00 | 36.00 | 36.00 | 38.00 | 45.00 | 46.00 | 47.00 | 42.00 |
Share Based Compensation | 21.1% | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Cashflow From Investing | -3.4% | -102 | -99.22 | -88.21 | -80.95 | -69.10 | -70.85 | -79.38 | -96.08 | -106 | -102 | -105 | -98.69 | -98.84 | -101 | -89.12 | -83.80 | -79.42 | -74.41 | -72.09 | -64.65 | -57.51 |
Cashflow From Financing | 3.9% | 39.00 | 37.00 | 27.00 | 20.00 | 22.00 | 32.00 | 39.00 | 38.00 | 24.00 | 7.00 | 16.00 | 20.00 | 92.00 | 104 | 94.00 | 99.00 | 39.00 | 34.00 | 25.00 | 20.00 | 17.00 |
Dividend Payments | 2.1% | 22.00 | 21.00 | 21.00 | 20.00 | 20.00 | 20.00 | 19.00 | 19.00 | 19.00 | 18.00 | 18.00 | 18.00 | 17.00 | 17.00 | 16.00 | 16.00 | 16.00 | 15.00 | 15.00 | 15.00 | 14.00 |
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Income Statement [Abstract] | ||||
Operating Revenues | $ 42,801 | $ 39,683 | $ 80,957 | $ 75,879 |
Operating Expenses: | ||||
Operations and Maintenance | 21,204 | 19,557 | 41,462 | 38,695 |
Depreciation | 6,184 | 5,670 | 12,170 | 11,292 |
Other Taxes | 4,744 | 4,368 | 9,168 | 8,512 |
Total Operating Expenses | 32,132 | 29,595 | 62,800 | 58,499 |
Gain on Sale of Subsidiary | 5,232 | |||
Operating Income | 10,669 | 10,088 | 18,157 | 22,612 |
Other Income: | ||||
Allowance for Funds Used During Construction | 852 | 548 | 1,665 | 926 |
Other Income | 1,290 | 1,396 | 2,188 | 2,773 |
Total Other Income | 2,142 | 1,944 | 3,853 | 3,699 |
Interest Charges | 3,251 | 2,369 | 5,846 | 4,219 |
Income before Income Taxes | 9,560 | 9,663 | 16,164 | 22,092 |
Income Taxes Expense (Benefit) | (341) | 795 | 397 | 1,124 |
Net Income | 9,901 | 8,868 | 15,767 | 20,968 |
Preferred Stock Dividend Requirements | 30 | 30 | 60 | 60 |
Earnings Applicable to Common Stock | $ 9,871 | $ 8,838 | $ 15,707 | $ 20,908 |
Earnings per share of Common Stock: | ||||
Basic (in Dollars per share) | $ 0.56 | $ 0.5 | $ 0.89 | $ 1.19 |
Diluted (in Dollars per share) | $ 0.55 | $ 0.5 | $ 0.88 | $ 1.18 |
Common Shares Outstanding : | ||||
Basic (in Shares) | 17,713 | 17,583 | 17,683 | 17,560 |
Diluted (in Shares) | 17,828 | 17,698 | 17,798 | 17,675 |
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Statement of Financial Position [Abstract] | ||
Water Production | $ 287,871 | $ 249,153 |
Transmission and Distribution | 768,138 | 735,138 |
General | 99,587 | 97,581 |
Construction Work in Progress | 36,792 | 53,570 |
TOTAL | 1,192,388 | 1,135,442 |
Less Accumulated Depreciation | 225,281 | 214,891 |
UTILITY PLANT - NET | 967,107 | 920,551 |
Cash and Cash Equivalents | 4,377 | 3,828 |
Accounts Receivable, net of allowance for uncollectible accounts of $1,889 and $2,326, respectively | 15,230 | 16,018 |
Unbilled Revenues | 11,067 | 8,659 |
Materials and Supplies (at average cost) | 6,426 | 6,177 |
Prepayments | 3,470 | 2,624 |
TOTAL CURRENT ASSETS | 40,570 | 37,306 |
Operating Lease Right of Use Asset | 3,499 | 3,826 |
Preliminary Survey and Investigation Charges | 2,270 | 2,806 |
Regulatory Assets | 92,772 | 90,046 |
Non-utility Assets - Net | 11,449 | 11,207 |
Employee Benefit Plans | 9,898 | 8,689 |
Other | 21 | 19 |
TOTAL OTHER ASSETS | 119,909 | 116,593 |
TOTAL ASSETS | 1,127,586 | 1,074,450 |
CAPITALIZATION AND LIABILITIES | ||
Common Stock, No Par Value | 239,545 | 233,054 |
Retained Earnings | 171,932 | 167,274 |
TOTAL COMMON EQUITY | 411,477 | 400,328 |
Preferred Stock | 2,084 | 2,084 |
Long-term Debt | 350,446 | 290,280 |
TOTAL CAPITALIZATION | 764,007 | 692,692 |
CURRENT Current Portion of Long-term Debt | 17,460 | 17,462 |
Notes Payable | 23,500 | 55,500 |
Accounts Payable | 28,265 | 24,847 |
Accrued Taxes | 10,339 | 12,162 |
Accrued Interest | 3,098 | 2,535 |
Unearned Revenues and Advanced Service Fees | 1,476 | 1,365 |
Other | 3,425 | 3,988 |
TOTAL CURRENT LIABILITIES | 87,563 | 117,859 |
COMMITMENTS AND CONTINGENT LIABILITIES | ||
Customer Advances for Construction | 21,032 | 21,382 |
Lease Obligations | 3,382 | 3,706 |
Accumulated Deferred Income Taxes | 85,196 | 77,783 |
Regulatory Liabilities | 47,400 | 46,734 |
Other | 758 | 919 |
TOTAL OTHER LIABILITIES | 157,768 | 150,524 |
CONTRIBUTIONS IN AID OF CONSTRUCTION | 118,248 | 113,375 |
TOTAL CAPITALIZATION AND LIABILITIES | $ 1,127,586 | $ 1,074,450 |